Clueless President Obama

President made this amazing comparison of Capitalism, Socialism, and Communism in a speech in Argentina. He claims that they are similar. Maybe the way he wants to control capitalism makes them similar, but if fact they are very dissimilar. The basic difference in these Isims is free market or government control, Mr. President.

HUH? Obama says not much difference between capitalism and socialism — but here’s the part I agree with…

After his tango solo, instead of being back in America or heading to Europe showing leadership to deal with global Islamic jihadism, President Obama was in Argentina lecturing young people on economic theory.

One thing is for sure — if any of you’ve studied the economic history of Argentina, you’ll see what government-centered socialist economic theory does to a nation. Then again, you don’t need to look at Argentina; do a case study anywhere in the world it’s been tried. It’s failed.

But apparently, President Obama skipped that part of his education alltogether.

As reported by CNSNews.com, “Thanks to advances in technology, “You don’t have to settle for the world as it is; you can create the world as you want it to be,” President Barack Obama told young people in Buenos Aires, Argentina on Wednesday. “You have the freedom to build the world in powerful and disruptive ways.”

One of the young community organizers at the town hall picked up on that point, saying she honestly believes that the world needs to change. She asked Obama for his advice on creating social change — in her case, by empowering young people living in poverty.

In the course of answering the question, the president indicated that the “sharp division” between “capitalist and communist or socialist” is starting to blur, and instead of clinging to any one of those ideologies, people should just do what works to create change:

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